2021-10-31-accounts - Runwell Village Pre-School

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Address	Runwell Village Hall Church End Lane Runwell Wickford Essex Postcode SS117JE	Runwell Village Hall Church End Lane Runwell Wickford Essex Postcode SS117JE
Names ofthe charity	trustees who manage the charity
Trustee name	Office (ifany)	Trustee name	Office (ifany)
Lisa Phillips	Chairperson	Becky Allen
Becky Allen	Treasurer	Stephne Farmer
Vicky Brumby	Secrefar)/	Joanne Lake
Jodie Stonebridge	Vice-Chair
Mandy Campbell	Vice-Secretary

			~ ~
Summary	ofthe objects ofthe		charity	sel out in			The objects ofthe Pre-School are to enhance the
its governing		document and the activities					development and education of children primarily under
undertaken	for the public benefit in relation				to		statutory school age by encouraging parents to understand
these objects		SORP Ref1.17,1.19and		1.18			and provide for the needs oftheir children through community
							groups. The Pre-School offers appropriate play, education
							and care facilities and training courses, together with the right
							ofparents to take responsibility for and to become involved	in
							the activities ofsuch groups. They offer opportunities for all
							children whatever their race, culture, religion, means or
							ability. They encourage the study ofthe needs of such
							children and their families and promote public interest in the
							recognition ofsuch needs. They instigate and adhere to and
							furthering the aims and objects of the Pre-School Learning
							Alliance.
							The trustees have had regard to the guidance issued by the
							Charity Commission on public benefit.
~	~						~ ~ ~
Summary	ofthe main		During	the year the			charity had a total income of283020 (2019-298168)and total
achievements		ofthe charity	expenditure		of289236(2019-2102685) leaving a loss for the year of (26126)
during the	year SOPR Ref		(201924517).At			the balance sheet date the charity's reserves had fallen to a
1.20, 1.21,	1.22		total accumulated			unrestricted funds of212290 which is estimated at t3.75%of
			Annual	expenditure.			This would allow the Charity to continue for 2 months if
			funding	stopped.		The trustees are ofthe opinion that this will provide adequate
			resources to		fulfil	the obligations ofthe charity but aim to increase this to 6
			month's	over	the	next five years.
Brief statement		ofthe	The Trustees		aim	to maintain reserves to allow for 6 month's trading if grants
charity's policy on reserves			ceased
SORP Ref	1.22
Details of	any	funds materially	None
in deficit SORP1.24

			Chaniy	Chaniy	Chaniy	Name: Runvvelf	Name: Runvvelf	Name: Runvvelf	Village Pre-School	Village Pre-School		Chanly	No
																1144996
									Annual accounts for			the	eriod
			Period		start		date		01/1 1/2020			To		Period date	end	31/10/2021
~ s
											Aesbtcted
Recommended				Details			ofown		Unrestricted		income	Endowment		Yearto		Year	to
categories by activity					analysis				funds		funds	funds		31/10/21		31/10/20
									f		2		2			2
Incoming resources (Note				3)					F01		F02	F03		F04
Incoming resources	from
generated funds
Donations aud Legacies									57	576				57	576	62845
Incoming resources	from
charitable activities									5	538				5	538	4,895
Activilies for generating	funds								18785					18	785	15,281
Investment income
Other incoming resources
Total incoming						msounces			81	903				81	903	83,021
Resources expended		(Notes			4-8)
Coals of Generating	Funds
Fuodraising trading costs										904						2,462
Costs of generating voluntary
income
Charitable activities									88	246				88	246	86,216
Investment management	costs
Governance costs										468					468		468
Other resources expended
Total msources						expended			89,618					89,618		89,146
Netincomingl(outgoing)			msources					before
							transfers		7,715					7,715		6,125
Gross trensters between			funds
Net incomingl(outgoing)			resoumes					before
other	mcogni		cadgains/(losses)						7	715				7	715	6,125
Other recognised	gains/(losses)
Gains and losses on	revaluation			of fixed				assets
for the charity'a own	uae
Gains and losses on	investment			assets
	Net movementin							funds	7,715					7,715		6	125
Total funds brought fonsard									12,290					12,290		18,415
Total funds carried							forward		4575					4575		12290

Fixed assets
Tangible assets	(Note 9)
Investments	(Note 10)
	Total fixed assets

	Restricted
Unrestricted	income	Endowment	Yearto	Yaal'	to
funds	funds	funds	31/10/21	31/10/20
2	E	E	E	E
F01	F02	F03	F04
463			463		817
463			463		817
377			377
13,7				21,		9
14,161			14,161	21,849

Signed	by	one	or	lwo	trustees	on	behalf	of	all	Si	nature			Print Name	Date
												Lie	Fk	Ftakt Phf/Cu(ter	22-7-ZZ

				~ ' ~
Note 2				Accounting pogcles
This sklndsfd pst ofsccountlrlg popclslt hss lmwl opydlsd bl ths cfmrfiy except fofthose dskdsd. wbwo 8dlffwwd w~f ipnficyr o amdt mk fsdefidfadfnpmb xbwom
2.2 INCOME
Recognltlon		of Incoming		These ere kwtuded in the Slatement of F'manual Acdvfiws (SCFA)when:
resources				~ ths chanty becomes enNed to the resources;
				~ me trustees sre vmuasy cennn swy wis receive ms resources; snd
				~ the monetary value can be meamned with sulficienl reliaufily.
Opseulng				There hss been no oseging ofasseu snd labiteies, or income and expenses, unless reqwred or permifisd by the FRS 102SOAP or FRS 102.
Grsnls snd		donstlons		Grants and dona5ons are only included in the SoFA when the general income recogrcion criteria are met (5.10lo5.12FRSI02SORP).
				In the case ofperformance related grants, income must only be recognised tothe extant that
				ths ciwmy hss pfovidsd Ihs sp8cglsd goods w services SsSONIenlsni to ths grani ority occlns
				when the perfonnance related condeons are met (5.16FRS 102SORP).
				Legacies are ircluded in the SOFA when receipt is probable, Ihal is, when there has been	grant
				ofprobate, ths execulors have esmblished that there we sumdenl assets in the estate snd any
				conduons attached tothe legacy are either wfihln the control of fiie charily or have been mel.
Govofamem		gfslus		Ths chsrity hss fscolvsd govsnmislit grsnls Inthi! f8Poifmg P!IIlod
				GN Akl reoeivable is induded in income when there Is 8veld decurelion from the donor.	Any
Tex nmlslms			on donsuons	Gill Aid amount recovered on adonalkm is considered to be pwt of that gill and is treated	as
and gtfis				an addibon tofiw same fund ss the inifial donslion unless the donor orthe terms ofthe appeal
				have spscNed olhermse.
Contrsclusl		Income and		This Is only Included in the SoFA once Ihe chsrfiy has provided the related goods or services or
performance		related grsnls		met lhe perfonnance related condeons.
				Donated goods are measured at fair vakm (the amount for wMch the assai coukl be
				sxchsngsd) Imklss hnpmcfic8I lodo so. The coal of any stock ofgoods donated for dislritxeon to~is deemed to be Ihe fair
				vslus cfthose gilis st ths time oftheir receipt snd fiwy ms recognised on receipt. In the
				reponlng pemxl in wnch the stocks are distribmed, they are recognhed as an expense atthe
				csffpng wnolnfi offils stocks sl di aibution.
				Donated goods for resale are measured at fair vakw on initial recognuon, wh'ch is Ihe
				expected proceeds from sale less the expected costs ofsets, and recognbed in 'Income from
				other ssding acfiview' with fiw correspmxfing stock recognised in the haleine sheet. On its
				sale the value ofstock is charged agskwt 1ncome from other trwfing scoria' and fiw
				proceeds Som sale are sLm recogrrised as 'Income from other trading amivities(
				Gmxb donated for on-going use by Ihe charity are recognised as tnngibts fixed assets and
				induded in the SoFAas Ircomlng resources when rccevsbfe.
				GNs In kind for use by me charily are included kr the soFA as income from donsfens when
				rscsn nuts.
Donmod sotvlcos snd				Donated sennces and fadfibes are included insw SOFA when received at Ihe vslue ofthe	gis
fscgelss				to Ihe chsrfiy provided the value ofthe gilt can be measured reliably.
				Donated servioes end fscilees that are consumed immediately are recognised as income with
				an equivslenl smounl recognbed as an experwe under the ppopriate heading in the SOFA.
Suppon costs				Ths Ctmmy hss Inculmd 8 PMdllul8 On slppOS cOSIs.
Voluntsw	help			The value of any voluntary help received is not included in Ihe accounts but is described in trustees' annual report.	the
Income from		Interest,		This b Included In the accounts when receipt Is probable and the smounl receivable csn be
royalties and		dividends		measwed reliably.
Income from		membership		Membership subscrlplions received in the nature ofagis are recognbed in Donafions end
subscflptlohs				Legacies.
				Membership subscriptiorn which gnres s member the rigm to buy services or other benefits	are

			~ ~ ~
2.3EXPENDITURE AND LIABILITIES
			Liabilities are recognised where it is more likely than not that there isa legal or	constructive
Liability recognition			obligation committing the charity to pay out resources and the amount ofthe obligation can		be
			measured with reasonable certainty.
Governance		and support	Support costs have been allocated between governance costs and other support. Governance
coals			costs comprise all costs involving public accountability ofthe charity and its compliance with
			regulation and good practice.
			Support costs include central functions and have been allocated to activity cost	categories	on	a
			basis consistent with the use of resources, eg allocating property costs by floor	areas, or per
			capita, staff costs by the time spent and other costs by their usage.
Grants with		performance	Where the charity gives a grant with conditions for its payment being a specific	level of service
conditions			or output to be provided, such grants are only recognised in the SoFA once the	recipient ofthe
			grant has provided the specified service or output.
Grants payable without			Where there are no conditions attaching to the grant that enables the donor charity to
performance		conditions	realistically avoid the commitment, a liability for the full funding obligation must	be recognised.
Redundancy		cost	The charity made no redundancy payments during the reporting period.
Deferred income			No material item of deferred income has been included in the accounts.
Creditors			The charity has creditors which are measured at settlement amounts less any trade discounts
Provisions	for liabilities		A liability is measured on recognition at its historical cost and then subsequently the best estimate of the amount required to settle the obligation at the reporting	measured date	at
			The charity accounts for basic financial instruments on initial recognition as per	paragraph	10.7
Basic financial instruments			FRS102SORP. Subsequent measurement isas per paragraphs 11.17to 11.19,FRS102
			SORP.
2.4ASSETS
Tangible fixed assets for use			These are capitalised ifthey can be used for more than one year, and cost at least
by charity
			They are valued at cost.
			The depreciation rates and methods used are disclosed in note 1rk
			The charity has intangible fixed assets, that is, non-monetary assets that do not	have physical
Intangible	fixed assets		substance but are identifiable and are controlled by the charity through custody	or legal rights.
			The amortisation rates and methods used are disclosed in note 15.
			They are valued at cost.
			The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific,
Heritage assets			technological, geophysical or environmental qualities that are held and maintained principally their contribution to knowledge and culture. The depreciation rates and methods used as			for
			disclosed in note 16.
			They are valued atcost.
			Fixed asset investments in quoted shares, traded bonds and similar investments	are valued	at
Investments			initially atcost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in
			which case it is measured at cost less impairment.

incoming resources msy be	further anslysed	ifthi	s wou	ld help the	reader ofthe	accoun	ts.
						Year	to
						31/1C/21
			Anal	sis		2
Donations and Legacies	Nurse Grant					57,576
	Milk Refund WFRU
	Donations
	Em lo ers Nl	Allowance
	HMRC SMP Reclaim		Due
	Nl Com ensation on		SMP
	Extended Services-Lunch			Club			892
	Miscellaneous	Income
					Total
Activities for generating	Xmas Events						1,246
funds	Lunch Club
	Mess Pla						602
	End ofTerm Concert
	Soft Pla
	Halloween Disco
	Fun Da
	Bowlin						312
	Part man World
	Summer Pa
	Mothers Da
	Phot ra hs
	uiz Ni ht
	Ba s2School
	Miscellaneous	Fundraisin					1 715
	School Tri s &Entertainment
	S nacred Bowl
	Uniforms						771
					Total		4646
Income from investments:	Interest on Savings Account
					Total
Charitable activities:	Parents Fees					18,785
	Extended Services
					Total	18,785

Note 4		Analysis o	f	reso	urces	expended
Fundraising	trading							Year to
costs								31/10/21
		Children's Parties
		Easter Event
		Xmas Events						48
		Cu Ni ht
		Fete &Funda
		Halloween Event
		Bowlin
		Soft Pla
		Part man World
		Summer Pa
		Miscellaneous
		Mothers Da
		Photo r hs
		School Tri s	&	Entertainment
		Uniforms						691
							Total	739
Charitable	activities	Bank Char es						104
		Consumables						2009
		De reciation
		Le al Fees						13
		Insurance &Membershi						502
		Milk
		Miscellaneous		Ex enses
		Premises Ex	enses
		Pa roll Fees						741
		Posta e &Stations						27
		Donations
		Refreshments
		Rent						6,569
		Tele hone &	Internet					895
		Trainin &Courses						736
		Wa es & ERNI						75915
		Em lo ers Pension						517
		Web Hostin	&	Domain				29
							Total	88,411
Governance	costs	Accountin &	Inde		endent	Audit Costs		468
							Total	468

					Fundralsing	activity	Charitable	Activity	Governance	Activity	Total Cost
Su	ort	cost	t	e			R		2		2
				Total

7.1 Staff C	osts
										Year	to	Year	to
										31/10/21		31/10/20
										2		2
Gross wages, salaries and benefits					in kind						75,915		76,617
Employer's	National		Insurance costs								1,153		795
Less Employers		Nl	Allowance								1,153		795
Employer	Compensation			on SMP
Employer	SMP Rebate
Pension costs											517
						Total		staff	costs		76,432		76,617
7.2 Average number			of	full-time equivalent		employees		in the	year	Year to 31/10/21		Year to 31/10/20
										Number		Number
The parts	ofthe	charity		in which the		Fundraisin
employees	work					Charitable	Activities
						Governance
						Other
									Total		10

rants
						Grants to		Grants to
						institutions		individuals
Purpose	for	which	grants	made		Total amount	8	Total amount	8
					Total

ions s	u	orted.
Names	of	institutions	Purpose			Total amount of rants id 8
			Total	grants	toinstitutions

		Furniture a	Furniture a	Other land	&	Plant,		Equipment	Payments	Total
		Fittings		buildings		machinery	snd		sccountsnd
						motor vehicles			assets under
									construction
Balance brought			1,319					4,072		5,391
forward
Additions								1,158		1,158
Balance carried			1,319					5,230		.6,549
forward
9.2Accumulated	depreciation		and impairment		provisions
**Basis		SLor	RB	SLor RB		SLor RB		SL	SLor RB
**Rate								25.00%
Balance brought			1,069					4,663		5,732
forward
Depreciation charge			55					299		354
for period
Balance carried			1,124					4,962		6,086
forward
9.3Net book value
Brought forward			220					597		817
Carried forward			195					268
9.4 Revaluation

Analysis	ofdebtors		Amounts falling due within one year	Amounts falling due within one year	Amounts falling due after more than one year	Amounts falling due after more than one year
			Year to	Year to	Year to	Year to
			31/10/21	31/10/20	31/10/21	31/10/20
			2	2	2	2
SMP Reclaim due from HMRC
Insurance	Prepayment		377
		Total

12.1 Analysis ofc	reditors
			Amounts		falling due	Amounts	falling due after
			within one year			more than one year
			Year	to	Year to	Year to	Year to
			31/10/21		31/10/20	31/10/21	31/10/20
			2		2	2	2
Trade creditors				595	903
Rent Accrual				1,427
Salaries Due
Pension Payment	Due
Accruals and deferred income			8,027		9,473
		Total

		Fund					Fund
		balances					balances
		brought	Incoming	Outgoing		Gains and	carried
		forward	resources	resources	Transfers	losses	forward
Fund names		E	2	E	2	2	9
Unrestricted		12,290	82,065	89,780			4,575
	Total Funds	12,290	82,065	89,780			4,575

							Amounts	or benefit value
Name oftrustee or connected		party		Legal authority (eg order, governing document)			Year to 31/10/21	Year to 31/10/20
							None	None
14.2 Loans
							Amount	owing
	Name oftrustee or connected party			Legal	authority		Year to 31/10/21	Year to 31/10/20
Due totrustees and							None	None
related parties
Due from trustees							None	None
and related parties
Name ofthe trustee	Relationship		to	Description		ofthe	Year to 31/10/21	Year to 31/10/20
or related rt	chari			transaction		s
							None	None